Metal

North Bay Resources Announces Exploration at Murex Copper; Targets Historic Drill Holes up to 16m @ 6.1g/t Gold and Surface Samples up to >100g/t Gold

Retrieved on: 
Wednesday, March 13, 2024

The Company aims to further delineate the mineralized zones and begin the process of bringing the project compliant with modern exploration standards.

Key Points: 
  • The Company aims to further delineate the mineralized zones and begin the process of bringing the project compliant with modern exploration standards.
  • Extensive historical exploration by Standard Oil in the 1970’s and Noranda (Glencore), in the 1980’s, has provided a wealth of detailed data and information.
  • Large intersections of gold in drill core up to 16m @ 6.1g/t gold have also been identified.
  • In addition, historical surface samples from these zones are provided below showing significant gold and copper assays over large areas.

Verde to participate at the 36th Annual Roth Conference

Retrieved on: 
Wednesday, March 13, 2024

SINGAPORE, March 13, 2024 (GLOBE NEWSWIRE) -- Verde AgriTech Ltd (TSX: “NPK”) ("Verde” or the “Company”) is pleased to announce that it will participate at the 36th Annual Roth Conference (the “Conference”).

Key Points: 
  • SINGAPORE, March 13, 2024 (GLOBE NEWSWIRE) -- Verde AgriTech Ltd (TSX: “NPK”) ("Verde” or the “Company”) is pleased to announce that it will participate at the 36th Annual Roth Conference (the “Conference”).
  • Mr. Brown will be available for one-to-one meetings during the Conference to promote investment opportunities and present the Company’s carbon removal project.
  • “I’m looking forward to representing Verde at the 36th Annual Roth Conference.
  • The 36th Annual Roth Conference will host over 500 private and public companies, including sectors like Consumer, Technology & Media, Sustainability & Industrial Growth, AgTech, Energy, Metals & Mining, Healthcare, Services, and Insurance.

Silver Institute Membership Continues to Grow

Retrieved on: 
Tuesday, March 12, 2024

WASHINGTON, March 12, 2024 (GLOBE NEWSWIRE) -- The Silver Institute is pleased to welcome five companies to its growing roster of members.

Key Points: 
  • WASHINGTON, March 12, 2024 (GLOBE NEWSWIRE) -- The Silver Institute is pleased to welcome five companies to its growing roster of members.
  • These companies represent key areas of the broader silver industry and are based in Australia, Switzerland, Singapore, and the United States, further expanding the Silver Institute's global footprint.
  • Based in Baar, Switzerland, Glencore produced 23.8 million ounces of silver in 2022, making it the world's fourth-largest silver mining company.
  • Phillips Baker, President and CEO of Hecla Mining Company and the Chairman of the Silver Institute, stated, "We welcome the newest members to the Silver Institute.

Sanborn Geophysics Pioneers Comprehensive Approach to Airborne Geophysical Survey

Retrieved on: 
Thursday, April 4, 2024

The team at Sanborn Geophysics ULC has been building electro-magnetic, radiometric, and magnetic airborne geophysical survey equipment for more than thirty years.

Key Points: 
  • The team at Sanborn Geophysics ULC has been building electro-magnetic, radiometric, and magnetic airborne geophysical survey equipment for more than thirty years.
  • The latest designs make Sanborn Geophysics airborne survey systems among the most flexible choices for resource exploration and mapping operations.
  • “The complexity of airborne geophysical survey requires a sophisticated partner that understands the equipment, survey design, and analysis,” said Sandip Goswami, Managing Director, Sanborn Geophysics ULC.
  • “Sanborn Geophysics is unique in its ability to provide customers a flexible and comprehensive approach to the airborne survey business.”

Korea Zinc’s U.S. Subsidiary, Pedalpoint Holdings, Acquires Global Scrap Metal Trading Company Kataman Metals

Retrieved on: 
Thursday, April 4, 2024

Pedalpoint Holdings, a U.S. subsidiary of nonferrous metal smelting company Korea Zinc (KRX:010130), announced its acquisition of Kataman Metals, a global scrap metal trading company based in St. Louis, USA.

Key Points: 
  • Pedalpoint Holdings, a U.S. subsidiary of nonferrous metal smelting company Korea Zinc (KRX:010130), announced its acquisition of Kataman Metals, a global scrap metal trading company based in St. Louis, USA.
  • These funds were utilized to acquire a 100% stake in the global scrap metal trading company Kataman Metals, for USD 55 million.
  • Established in 1993, Kataman Metals possesses over 30 years of experience in the recycling sector and trading expertise based on standout business strategies.
  • The acquisition of Kataman Metals, which possesses expertise in the recycling market, is highly expected to enable such procurement.

Intercontinental Exchange Reports March and First Quarter 2024 Statistics

Retrieved on: 
Wednesday, April 3, 2024

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today reported March 2024 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today reported March 2024 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.
  • “For over two decades, ICE has been building a global network of products across commodities and financial markets to deliver comprehensive risk management solutions for our customers as well as round the clock price transparency and capital efficiencies,” said Benjamin Jackson, President, at ICE.
  • “The continued strength of our global energy complex, which saw record volume and open interest through the start of 2024, demonstrates the value our customers find from ICE’s platform to allow them to hedge their risk as supply chains become increasingly complex.”
    Total average daily volume (ADV) up 4% y/y; open interest (OI) up 20% y/y, including record OI of 93.7M lots on March 14
    Energy ADV up 17% y/y; OI up 22% y/y, including record OI of 59.6M lots on March 22
    Total Oil ADV up 17% y/y; OI up 18% y/y
    Brent ADV up 2% y/y; OI up 3% y/y
    WTI ADV up 39% y/y; OI up 17% y/y
    Gasoil ADV up 25% y/y; OI up 60% y/y, including record options OI of 177k lots on March 28
    Record Other Crude & Refined products ADV up 49% y/y; OI up 27% y/y
    Record Dubai ADV up 59% y/y; OI up 19% y/y, including record OI of 1.0M lots on March 28
    Record Murban ADV up 152% y/y; OI up 20% y/y
    Total Natural Gas ADV up 18% y/y; OI up 26% y/y, including record OI of 40.2M lots on March 22
    North American Gas ADV up 7% y/y; OI up 21% y/y, including record futures OI of 18.5M lots on March 22
    TTF Gas ADV up 52% y/y; OI up 89% y/y, including record OI of 4.3M lots on March 25
    Asia Gas ADV up 80% y/y; OI up 46% y/y
    Total Environmentals ADV up 32% y/y; OI up 15% y/y
    Total Ags & Metals ADV up 2% y/y; OI up 7% y/y
    Cocoa ADV up 13% y/y; OI up 28% y/y
    Coffee ADV up 13% y/y; OI up 9% y/y
    Cotton ADV up 13% y/y; OI up 8% y/y
    SONIA ADV up 40% y/y; OI up 191% y/y
    Total Natural Gas ADV up 34% y/y, including record options of 570k lots
    North American Gas ADV up 28% y/y, including record options of 501k lots
    Cotton ADV up 33% y/y, including record futures of 54.9k lots

Paragon Metals Appoints Automotive Industry Veteran Marty Miller as CEO

Retrieved on: 
Wednesday, April 3, 2024

Paragon Metals, LLC , (“Paragon” or the “Company’) today announced the appointment of Marty Miller to Chief Executive Officer, reporting to the Board of Directors.

Key Points: 
  • Paragon Metals, LLC , (“Paragon” or the “Company’) today announced the appointment of Marty Miller to Chief Executive Officer, reporting to the Board of Directors.
  • Mr. Miller replaces Eric Krepps, interim CEO, who will take on the role of Executive Chairman of the Board.
  • Before joining Paragon, Mr. Miller was Chief Executive Officer of TSM Corporation, a precision machining company serving the automotive industry.
  • In addition to its manufacturing facilities in southern Michigan, Paragon maintains a strong network of strategic outsourcing partners in several countries.

Fluor Announces First Gold from Gold Fields’ Salares Norte Mining Project in Chile

Retrieved on: 
Wednesday, April 3, 2024

Fluor Corporation’s (NYSE: FLR) Mining & Metals business announced today that first gold has been achieved at Gold Fields’ Salares Norte mining project in Chile.

Key Points: 
  • Fluor Corporation’s (NYSE: FLR) Mining & Metals business announced today that first gold has been achieved at Gold Fields’ Salares Norte mining project in Chile.
  • Salares Norte is a high-grade gold-silver, open-pit deposit in the Atacama region of northern Chile at an altitude of between 12,750-15,400 feet (3,900-4,700 meters) above sea level.
  • View the full release here: https://www.businesswire.com/news/home/20240403153250/en/
    An aerial view of Gold Fields’ Salares Norte Mining Project in northern Chile (Photo: Business Wire)
    “Salares Norte is a project at the forefront of innovation, technology and environmental care,” said Harish Jammula, President of Fluor’s Mining & Metals business line.
  • Once fully operational, approximately 350,000 ounces of gold are expected to be mined annually through the life of the mine.

Laser Photonics’ MarkStar a Go-to Permanent Marking Tool for Traceability in Aerospace

Retrieved on: 
Tuesday, April 2, 2024

Laser Photonics Corporation (LPC), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, highlights a key application for its MarkStar laser marking systems in the aerospace industry.

Key Points: 
  • Laser Photonics Corporation (LPC), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, highlights a key application for its MarkStar laser marking systems in the aerospace industry.
  • “Our MarkStar enables on-the-fly marking of components with scannable 2D barcodes and UID codes, creating wear-resistant, permanent marks on a wide range of materials.
  • This comes in handy in markets where component traceability is important, such as in aerospace,” said Wayne Tupuola, CEO of Laser Photonics.
  • “Manufacturers of aircraft components are increasingly relying on laser marking technology and replacing slower and less reliable methods like dot-peen stamping or inkjet marking.

Electra and Eurasian Resources Group Sign Cobalt Supply Agreement

Retrieved on: 
Tuesday, April 2, 2024

Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”, “Company”) and Eurasian Resources Group S.A.R.L.

Key Points: 
  • Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”, “Company”) and Eurasian Resources Group S.A.R.L.
  • (“ERG”), a leading diversified natural resources group headquartered in Luxembourg, announced today that they have signed a binding letter of intent for long-term supply of ERG’s cobalt hydroxide to North America’s first battery grade cobalt sulfate refinery.
  • The agreement, effective April 1, 2024, supports efforts to onshore the battery supply chain and reduce reliance on foreign refiners.
  • Electra and ERG are exploring further collaboration to de-risk the construction of another cobalt refinery in the Bécancour, Quebec district.